Answer:
A = $45948
Step-by-step explanation:
Given the following data;
Principal = $8000
Interest rate = 6% = 6/100 = 0.06
Time = 30 years
To find the future value, we would use the compound interest formula;
Where;
A is the future value.
P is the principal or starting amount.
r is annual interest rate.
t is the number of years for the compound interest.
Substituting into the equation, we have;
A = $45948
Answer:
9
Step-by-step explanation:
2 2
b + 8 = 17
b + 16 = 34
34 - 16 = 18
18 ÷ 2 = 9
Answer:
The interest After 6 years is $ 79.03
Step-by-step explanation:
Given as :
The principal amount deposited in account = $ 700
The rate interest earn = 1.8 % per year
The Time period = 6 years
<u>From Compounded Method </u>
Amount = Principal ×
Or, Amount = $ 700 ×
Or, Amount = $ 700 ×
Or, Amount = $ 700 × 1.1129
∴ Amount = $ 779.03
Now , Interest = Amount - Principal
I.e Interest = $ 779.03 - $ 700 = $ 79.03
Hence The interest After 6 years is $ 79.03 , Answer
Answer:
5
Step-by-step explanation:
|8| - |14 - 11|
8 - 3
5
0.14 pounds (rounded; 0.135 unrounded); To calculate the % of something, divide it by 100 and multiply the result by the percentage you want to find.
0.0450 (=1%)
0.0450 x 3 = 0.135